India’s initial policy response was to ban cryptoassets. Now it appears to be moving towards regulating them. But there is no clarity on the contours of the proposed law.
Despite the harsh economic impact of the pandemic, there has been a definite uptick in the tax collections, a half-yearly review by the finance ministry says.
Since GST rollout in July 2017, many items are being taxed at varying rates despite their strong likeness. Experts say this is likely to continue unless slabs are reduced.
Finance ministry joint secretary Rasmi R Das will be serving in the UN committee that guides countries towards forward-looking tax policies adapted to globalised trade.
Formed 4 yrs ago, Higher Education Financing Agency was meant to grant interest-free loans to institutions. But its failure prompted Modi govt to slash funding.
A total of 21 states and two UTs have so far agreed to the first of the two options offered by central govt to make up for its inability to pay GST compensation.
Loan losses from the pandemic may be too huge for the government to pay, says a new paper authored by the former RBI governor and former RBI deputy governor.
According to government reply in Lok Sabha, the pilot phase of PMIS is being used to test concepts, strategies and systems before a full-scale implementation of the scheme.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
COMMENTS